Retail hopes rest on big Christmas weekend ahead of ‘new year’s chill’
By Megan Robinson, Ritika Bhoora and Chloe Mills21 December 2023
Retailers are holding out hope for a last big weekend of trading ahead of Christmas Day, despite the economic outlook being decidedly gloomy.
With macroeconomic conditions depressed, UK retailers may be heading for a slower-than-expected festive season as sales took a dip in December, according to the CBI’s latest distributive trades survey.
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